Freedom U

Analysis

Freedom U is a registered charity in United States, based in Cody, WY. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Freedom U reported income of $109k and spending of $114k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $167k to $109k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Freedom U sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within WY. Charities of a similar size with the same main cause include Farmington Youth Assistance Committee ($109k), Fundacion El Angel de Miguel Cotto Inc ($109k) and Animal Advocates of Moore County Inc ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.